Espen Moe
Ashgate
Hardback
320
2007
This study investigates the question of what allows certain nations to rise to industrial leadership and why some retain that pre-eminence for so much longer than others. Adopting a Schumpeterian approach to national growth it focuses on the ability of a country to adopt technological progress and human knowledge to effect its global economic and industrial position. By comparing the experiences of Britain France Germany the US and Japan over a two-hundred year period the study draws fascinating conclusions about the causes of economic growth and the reasons for its stagnation.